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This paper examines how perceptions of social mobility affect acceptance of inequality. We conduct a randomized information intervention in a large and heterogeneous sample of Germans to manipulate beliefs about social mobility. While the information treatment renders social mobility perceptions...
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-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income … experiment shows that respondents do not account for parental influence on economic success when making (re …
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perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in …
Persistent link: https://www.econbiz.de/10014321511
perceptions of intergenerational mobility change along the income distribution. Empirically, we conduct a survey experiment in …
Persistent link: https://www.econbiz.de/10014321966
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical literature and provide a framework to incorporate various effects previously studied separately in the literature. We then examine empirical evidence for the US, using the General...
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This study examines how overconfidence shapes individuals' preference for redistribution. We contend that overconfidence inflates individuals' income expectations, which reduces the perceived benefits of redistribution for these individuals and thereby weakens their preference for such policies....
Persistent link: https://www.econbiz.de/10015445537